The loan was made through Quadrant Real Estate Advisors for AXA Equitable Life Insurance Co., according to HFF, which arranged the financing. Matt Kafka led the team representing Tema.

The complex, which will overlook Hermann Park and the new McGovern Centennial Gardens, will have studio, one- and two-bedroom units with a 12,000-square-foot courtyard, and an amenities such as a seasonal ice skating rink, conference room, swimming pool and fitness center.

Tema also developed the Parklane high-rise at 1701 Hermann Drive. The company said it is planning two other projects in the area.